FAHRMM

Articles

FAHRMM, Data, Analytics & Research, Inventory Management, Distribution, Technology, Materials Management Information System (MMIS), Cost Management, Change Management

Using Business Analytics to Drive Efficiencies – A Rural Hospital’s Approach

Healthcare expenses continue to rise and yet hospitals are realizing consistently shrinking margins. Healthcare supply costs are typically the second largest expense to a hospital and must be managed in a manner that ensures providers have access to quality products but also with an emphasis on cost awareness and expense reduction strategies. Healthcare supply chains must leverage their data in order to make better business decisions to reduce costs and increase operational efficiencies through the use of business analytics.

AHRMM, Leveraging Technology, FAHRMM

Implementing RFID in the Medical Device Supply Chain: The Journey at BJC HealthCare

The lack of end-to-end supply chain visibility in the medical device channel contributes to an estimated five billion dollars ($5B) of inventory waste for the U.S. health system today. (PNC Healthcare and GHX, 2011) RFID is a key technology that is enabling health systems, distributors and manufactures to partner together to remove this waste. Successful implementation of RFID in a healthcare delivery organization takes careful planning, execution, and change management agility.

AHRMM, FAHRMM

Supply Chain: Collaborating with Clinicians to Support Safe Patient Care

Today hospitals and health care organizations are looking to health care supply chain professionals to help support patient care activities. No longer is the supply chain department and its staff relegated to a purely operational position of providing inventory and stocking.  The supply chain now has a voice at the table with representation on committees and working quality improvement projects. With collaboration, there is a major fiscal, administrative, and operational role to play.

Unique Device Identifier (UDI), Medical Device Technology, FAHRMM

Preparing Supply Chain to Meet Meaningful Use

This paper will define the regulation and explore how a supply chain department can support their organization in meeting this aspect of the regulations. Understanding the alphabet soup of acronyms that is Unique Device Identifier (UDI), their meaning, how to understand and read the standardized labeling are crucial first steps. Organizations should able to identify what defines an implant.

Clinical Resource Management (CRM), Cost Management, Cost, Quality and Outcomes (CQO) Movement, Physician Preference Items (PPI), Value Analysis, FAHRMM

Grady Health System's Transformation from Traditional Value Analysis to Value Based Product Selection

This case study provides a review of Grady Health System’s transformation from traditional Value Analysis Joint Product Review Team structure to Value Based Selection Committees which promote shared governance including system wide physicians and executives focusing on full integration of cost, quality, outcomes analysis to ensure selection of products offering the greatest overall value for cost reduction and improvement of outcomes.